Troy Ounces: A History and Conversion Guide.

How to Convert a Troy Ounce to Grams Why do they measure gold in troy ounces? The troy ounce is a unit of measurement for precious metals that dates back to the Middle Ages. It is still used today by jewelers and bullion dealers to weigh gold, silver, and other precious metals. One troy ounce … Read more

What Defines a Precious Metal?

Precious metals are those that are rare, have a high economic value and are durable. Gold, silver, platinum and palladium are all considered precious metals. How do you identify raw precious metals? Precious metals are typically identified by their elemental composition, which can be determined through a variety of methods including atomic absorption spectroscopy, inductively … Read more